July 2013

Bullion futures headed lower Friday but two metals, gold and silver, still scored very healthy weekly gains. For gold, it was its third straight week of advances. This latest one totaled $28.60, or 2.2%.

Bullion prices gained Friday but split for the week with all but silver higher. Gold prices not only rose for a second straight week but also settled to their highest price since June 19 — a one month high.

Bullion prices in New York mostly eased Friday but still soared for the week. Gold shined, rallying 5.4% from a week ago to log its first pick-up in four weeks and its biggest weekly rise since October 2011.

Gold finished sharply lower Friday, and that brought prices down for a weekly decline that summed to 0.9%. Gold bullion coins from the United States Mint, however, jumped in the first week of July. On Friday, gold prices for August delivery shed $39.20, or 3.1%, to end at $1,212.70 an ounce